Nagpur Power & Industries (NPIL) has hiked its stake from 50.41% to 56.28% in its subsidiary company - The Motwane Manufacturing Company. The company has further acquired equity shares of The Motwane Manufacturing Company for Rs 2.21 crore in the month of June 2011.
Recently, Nagpur Power & Industries’ promoter group company -- Informed Technologies India -- had acquired 26,242 (0.20%) equity shares of the company by market purchase and its holding has increased from 66,729 (0.51%) equity shares to 92,971 (0.71%) equity shares.
Nagpur Power & Industries is an India-based company. The company is engaged in the manufacture of high-carbon ferro manganese, high-carbon silico manganese and medium-carbon ferro manganese.
Company Name | CMP |
---|---|
Maithan Alloys | 1154.80 |
Indian Metal & Ferro | 715.60 |
Facor Alloys | 7.32 |
Shyam Century | 17.25 |
Indsil Hydro Power | 51.55 |
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